News from Bulgaria - архив

Historic opening of arbitration centre set to advance Palestine/Israel commercial dispute resolution

19 December 2013

 

Israeli and Palestinian business leaders joined the leadership of the International Chamber of Commerce (ICC) in Jerusalem today to inaugurate the first dedicated Israeli-Palestinian centre for the resolution of commercial disputes between businesses in Palestine and Israel. John Beechey, President of the International Court of Arbitration® of the International Chamber of Commerce, Andrea Carlevaris, Secretary General of the International Court of Arbitration® of the International Chamber of Commerce and Jean-Guy Carrier, ICC Secretary General were in Jerusalem to witness the historic launch of the Jerusalem Arbitration Centre (JAC) and the signing of a memorandum of engagement.

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ICC Ethics and Compliance Training Handbook

09 December 2013

 

The handbook sets out the challenges which large, medium-sized and smaller companies have to overcome as they build and put into action their corporate compliance programme. It is essentially a training tool, not another treatise on anti-corruption and fair competition. This practical guide provides hands-on expertise from distinguished practitioners in the field of corporate integrity and compliance. Each chapter deals with a key compliance topic. They offer practical guidance on performing a risk assessment, installing a whistleblowing system, exercising due diligence when selecting agents or intermediaries, and conducting internal investigations.
 

 

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World economic climate improves slightly

20 May 2013

 

The Ifo World Economic Climate Indicator continued to rise, even if only slightly.  Both assessments of the current economic situation and the six-month economic outlook improved marginally compared to the previous quarter. There are a growing number of signs that the world economy is stabilizing. Conducted in co-operation with the International Chamber of Commerce (ICC), the Ifo World Economic Survey (WES) assesses worldwide economic trends by polling transnational and national organizations worldwide on current economic developments in their respective countries. Its results offer a rapid, up-to-date assessment of the economic situation prevailing around the world. In April 2013, 1,178 economic experts in 125 countries were polled.

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Harold McGraw elected Chairman of International Chamber of Commerce (ICC), Sunil Mittal elected Vice-Chairman

23 April 2013

 
Harold McGraw  

ICC is pleased to announce it has elected Harold McGraw III to become Chairman of the International Chamber of Commerce, and Sunil Bharti Mittal to become Vice-Chairman, effective 1 July. The current ICC Chairman, Gerard Worms, will become ICC Honorary Chairman. Harold (Terry) McGraw has been the Vice-Chairman of ICC since January 2011. He is also Chairman, President and CEO of The McGraw-Hill Companies, soon to be named McGraw Hill Financial, one of the leading financial intelligence companies in the world with iconic brands like Standard & Poor's Ratings Services, S&P Dow Jones Indices, S&P Capital IQ, Platts and JD Power. Mr McGraw is also Chairman of the US Council for International Business, and Chairman of the US President’s Advisory Committee for Trade Policy and Negotiations.

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World economic climate continues to decline, according to latest ICC/Ifo survey

23 November 2012

 

The health of the world’s economy continues to deteriorate as insufficient demand, unemployment and the on-going debt crisis in Europe undermine recovery efforts. Based on the findings from the survey, which assessed the views of 1,156 experts in 124 countries across the globe, the World Economic Climate Indicator fell for the second consecutive quarter, dropping from 85.1 to 82.4 in Q4. Although the dip is less pronounced than in the previous quarter, it nonetheless reveals that the hopes of an economic recovery seen in Q2, when the climate indicator stood at 95, have suffered a further setback. The results of the survey, conducted by the Munich-based Ifo Institute for Economic Research and the International Chamber of Commerce (ICC), show the World Economic Climate Indicator in Q4  2012 as standing well below the long term average of 96.7 (1996 – 2011).

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Global business launches trade agenda to provide growth amid the economic crisis

01 October 2012

 

The International Chamber of Commerce (ICC) today unveiled the initial recommendations of its Business World Trade Agenda initiative, aimed at stimulating the global economy by helping to move the World Trade Organization’s (WTO) multilateral trade negotiations out of an 11-year deadlock. ICC is mobilizing international business – representing small, medium and large enterprises that produce the goods and services traded daily throughout the world – to define a practical and forward-looking multilateral agenda.

 

 

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World economic recovery suffers fresh setbacks, ICC/Ifo survey shows

16 August 2012

Results of the ICC-Ifo World Economic Survey, released today, reveal declining optimism over global economic recovery as fear continues to spread about the unsolved debt crisis in Europe. The Survey, which received responses from 1,079 experts in 123 countries, showed that the world economic climate indicator fell to 85.1 in Q3 2012 after two successive increases. These results are significantly below the long-term average of 96.7 (1996-2011) for the Survey, conducted by the Munich-based Ifo Institute for Economic Research and the International Chamber of Commerce (ICC).

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New ICC Investment Guidelines define investor and government roles

24 April 2012

 

The International Chamber of Commerce (ICC) has re-issued its Guidelines for International Investment to adapt to new challenges of the international investment environment and to further promote investment as a driver of economic growth. These revised guidelines – addressed to members of the global business community, government officials and stakeholders – were launched at the World Investment Forum, organized by the United Nations Conference on Trade and Development (UNCTAD) in Doha befor several days. 

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Views on World Economic Climate hit fresh lows, ICC/Ifo survey reveals

22 November 2011

 

The world economic climate has worsened in the fourth quarter, as indicated by increasingly negative expectations from economic experts, according to the World Economic Survey (WES), published today by the International Chamber of Commerce (ICC) and the Munich-based Institute for Economic Research (Ifo).
The poll asked 1,119 economic experts from business and academic institutions to assess current and expected economic developments in their 119 countries this past October. Their answers were analyzed to reach a quarterly figure representative of the current economic climate.
 

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ICC report proves trade finance is low risk, asks regulators and G20 to unlock trade

07 November 2011

 

The rules set by bank regulators impose unwarranted capital requirements that choke trade and have adverse impacts on growth. A new report issued today by the International Chamber of Commerce (ICC) shows that trade finance is a relatively low-risk asset class that should not be feared by banks, nor overregulated by governments.
ICC also said it was pleased that the Basel Committee on Banking Supervision had announced measures yesterday that recognize trade finance as a low-risk activity for banks, and said that there is opportunity to further refine the rules to foster the development of trade and the support of SME clients. ICC asserted that treating trade finance as a unique asset class to accurately reflect its low risk will help foster more trade and create jobs.


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New marketing code raises consumer protection standards around the world

15 September 2011

 

 New protection for Internet users and detailed standards for marketers selling to them are highlighted in a newly revised code of global marketing practice.  The Consolidated ICC Code of Advertising and Marketing Communications, launched today and made globally available online, serves as the foundation for national self-regulatory systems that monitor marketing practices and provide consumers with easy access to make complaints and redress problems.

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ICC Bulgaria and Warwick Business School Strategy workshop - Value Creation in Good & Bad times

08 June 2010

You are invited to attend the first Strategic Leadership Workshop “Value Creation in Good and Bad Times” with Warwick and ICC Bulgaria on the 8th July 2010.

This represents an outstanding opportunity for you to benefit from sharing new perspectives and insights from a Warwick Business School expert, and to network with ICC Bulgaria network members from a diverse range of sectors.

This session for senior professionals will explore:

  • Strategy & Drivers of Value Creation
  • Analysing your Business’ Strategic Direction ‐ The Strategy Wheel
  • Boosting Strategy Alignment in your Organisation
  • Resourcefulness vs. Scarce Resources
  • Tapping Ingenuity and Creativity in tough times

 

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ICC unveils new rules for demand guarantees

23 March 2010

In an effort to provide greater financial security following the global recession, the  International Chamber of Commerce (ICC) on March 18 unveiled an extensively revised version of the Uniform Rules for Demand Guarantees (URDG), which will be instrumental in adopting uniform practices in trade finance. In an effort to provide greater financial security following the global recession, the  International Chamber of Commerce (ICC) on March 18 unveiled an extensively revised version of the Uniform Rules for Demand Guarantees (URDG), which will be instrumental in adopting uniform practices in trade finance.

 

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ICC Bulgaria to launch Business Management Programme with Warwick Business School and International Faculty of Finance

25 January 2010

I. ICC Bulgaria - WBS "Business Leaders Programme" (5 Day Courses) for senior and executive managers.

Topics: Finance, Marketing and Strategic Management, Organizational change and Leadership

  • Achieving Excellence Across Business Functions - 5 Day Course.
  • Aligning Organisation to Strategic Objectives - 5 Day Course.
  • Leading through Change - 5 Day Course.

II. ICC Bulgaria - IFF "Financial Excellence Programme" (3 Day Course), for experts and middle managers and is suitable alos for cross-functional managers.

  • Corporate Finance – 3 Day Day Course.
  • Corporate Valuation Techniques - Day Course.
  • Risk Management - 3 Day Day Course.

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International Trade Finance Conference Week May 11th – 15th, 2009, Vienna, Austria

03 April 2009

4th Global Conference on Bank Guarantees, May 11 - 12, 2009

3rd Global Conference on Letters of Credit, May 13 - 14, 2009

1st Conference on Financial Instruments in Trade Finance, May 15, 2009


Conference Venue: Raiffeisen Zentralbank Österreich AG Am Stadtpark 9, 1030 Vienna, Austria


 

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G20 must take action to fight protectionism and support trade finance to keep trade flowing

01 April 2009

Leaders of the G20 countries must coordinate their national policies to end the global recession, support a monitoring system to honour previous promises to reject protectionism, and restore trade financing to more normal levels, the International Chamber of Commerce (ICC) said today.

“Trade is the lifeblood of the global economy and the world needs more of it at this critical moment, not less,” said ICC Chairman Victor K. Fung. “The G20 summit in London provides the perfect opportunity for the international community to reassert its confidence in the multilateral trading system, which spurred the phenomenal economic growth of recent years and pulled hundreds of millions of people out of extreme poverty. At this time of world crisis we call on the G20 leaders to harness the political will to adopt policies ensuring job creation and long-term economic growth,” Mr Fung added.

ICC said the need for a credible monitoring system to combat protectionism was underlined by a recent World Bank study showing that since the G20 Summit in Washington last November, 17 of the G20 countries have adopted 47 measures restricting trade. Increases in tariff and non-tariff barriers as well as discriminatory public procurement policies, for example, require careful monitoring.

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ICC Bulgaria holds first Banking Commission seminar

22 October 2008

ICC Bulgaria holds first Banking Commission seminar

Sofia, 22 October 2008 − The first seminar of the newly created ICC national committee in Bulgaria was held 15-16 October at the Grand Hotel in Sofia. The event brought together more than 40 leading bankers to discuss the ICC banking rules and pressing issues in global finance.

The meeting began with a special briefing from the ICC Secretariat’s Policy Manager for the banking and financial sectors, Thierry Senechal, addressing the current financial crisis and presenting the ICC Banking Commission.

Mr Senechal discussed the devastating effects of the US sub-prime mortgage crisis. “A downturn in the housing market of the United States, risky practices in lending and borrowing, and excessive individual and corporate debt levels have caused multiple adverse effects on the world economy,” he said. “We have lived through many crises in recent years. At the end of each, the focus on avoiding the next one has always been the same trinity: more transparency and accountability, more regulations, and a total new approach on risk management. This is an inadequate response to systemic crises,” he added.

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ICC Bulgaria Seminar Programme for UCP600, Incoterms 2000 and International Arbitration is now open for registration

18 September 2008

ICC Bulgaria Seminar Programme for UCP600, Incoterms 2000 and International Arbitration is now open for registration. Participants can register on-line via ICC Bulgaria electronic payments system.

The programme includes three seminars:

UCP 600 and ISBP 681
Key Changes and Experience with UCP 600
in practice, issues, debates

2 days 16 – 17 October 2008, from 9:00 to 16:30

Venue: Grand Hotel Sofia - http://www.grandhotelsofia.bg/

Incoterms 2000
Delivery Terms and How to Avoid problems in Practice
Transport and Insurance Documents in relation to Documentary Credits

Practical seminar on Incoterms 2000, Transport and Insurance – what you need and should know, and how to avoid problems! Seminar based on experience of using Incoterms 2000 in practice.

2 days 17– 18 November 2008

Venue: Grand Hotel Sofia - http://www.grandhotelsofia.bg/

International Arbitration

24 November

Venue: Grand Hotel Sofia - http://www.grandhotelsofia.bg/

 

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Mr Assen Alexiev, General secretary and member of the ICC Bulgaria board becomes ICC Arbitration Court member

11 July 2008

This content is available only to ICC Bulgaria members.

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ICC Bulgaria will organize three seminars and a national conference in 2008

21 May 2008

ICC Bulgaria events programme

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ICC Bulgaria Seminar on UCP 600 and ISBP 681, 2 - 3 October 2008

25 April 2008

ICC Bulgaria Seminar on UCP 600 and ISBP 681

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